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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Major Announcement from Ottawa at 5pm

Major announcement coming out of Industry Canada at 5pm likely relating foreign ownership rules. Nexan deal expected to be part of impetus for rule changes which may benefit future development of mining plays such as Schaft Creek.

DC14

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